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Rent/Lease Office 598 Madison Ave
Lease Office 598 Madison Ave
Rent Sublease Office at 598 Madison Ave
Nearby Sublease office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 57th St & Avenue of the Americas | $ 111.5 | 25,000 |
$ 232,291 |
| Avenue of the Americas & West 55th Street | $ 64 | 7,300 |
$ 38,933 |
| Madison Ave & East 54th Street | $ 80 | 31,000 |
$ 206,666 |
| Madison Ave & East 60th Street | $ 89 | 9,500 |
$ 70,458 |
| Madison Ave & East 51st Street | $ 75 | 8,100 |
$ 50,625 |
| Avenue Of The Americas & West 47th Street | $ 58 | 10,000 |
$ 48,333 |
| Park Ave & East 57th Street | $ 160 | 10,800 |
$ 144,000 |
| Madison Ave & East 59th Street | $ 99 | 8,300 |
$ 68,475 |
| E 53rd St & Fifth Avenue | $ 79 | 12,200 |
$ 80,316 |
| Fifth Ave & West 52nd Street | $ 130 | 10,300 |
$ 111,583 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 54th Street | $ 85 | 5,600 |
$ 39,666 |
| Fifth Ave & East 56th Street | $ 85 | 4,400 |
$ 31,166 |
| Lexington Ave & East 50th Street | $ 54 | 4,000 |
$ 18,000 |
| Avenue of the Americas & West 55th Street | $ 62 | 6,200 |
$ 32,033 |
| Fifth Ave & West 52nd Street | $ 78 | 4,400 |
$ 28,600 |
| Madison Ave & East 49th Street | $ 69 | 5,500 |
$ 31,625 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Madison Ave & East 49th Street | $ 76.5 | 2,200 |
$ 14,025 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 60th St & Madison Avenue | $ 65 | 4,200 |
$ 22,750 |
| W 57th St & Avenue of the Americas | Negotiable | 5,100 |
Negotiable |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 57th St & Avenue of the Americas | Negotiable | 2,300 |
Negotiable |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|
| Type of Space | Class A/month | Class B/month | Class C/month |
|---|---|---|---|
| Windowed office/person | |||
| Interior office/person | |||
| Team Rooms | |||
| Suites |
Nearby office Spaces for Rent
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 57th St & Avenue of the Americas | $ 105 | 15,800 |
$ 138,250 |
| Fifth Ave & East 55th Street | $ 157.5 | 19,300 |
$ 253,312 |
| Park Ave & East 58th Street | $ 125 | 11,300 |
$ 117,708 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Third Ave & East 49th Street | $ 50 | 4,300 |
$ 17,916 |
| Park Ave & East 54th Street | $ 79.5 | 3,500 |
$ 23,187 |
| Park Ave & East 58th Street | $ 125 | 4,000 |
$ 41,666 |
| Third Ave & East 49th Street | $ 73 | 3,800 |
$ 23,116 |
| Madison Ave & East 55th Street | $ 65 | 5,000 |
$ 27,083 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Third Ave & East 49th Street | $ 60 | 2,000 |
$ 10,000 |
| E 52nd St & Lexington Avenue | $ 64 | 2,400 |
$ 12,800 |
| Madison Ave & East 55th Street | $ 76 | 2,300 |
$ 14,566 |
| Madison Ave & East 48th Street | $ 70 | 1,800 |
$ 10,500 |
| Fifth Ave & West 47th Street | $ 73 | 1,900 |
$ 11,558 |
| Avenue of the Americas & West 51st Street | $ 84 | 2,200 |
$ 15,400 |
| Rockefeller Plz & West 50th Street | $ 92 | 1,600 |
$ 12,266 |
| Park Ave & East 56th Street | $ 98 | 1,900 |
$ 15,516 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 48th St & Avenue of the Americas | $ 58 | 12,500 |
$ 60,416 |
| 5th Ave & West 47th Street | $ 63 | 8,000 |
$ 42,000 |
| E 59th St & Madison Avenue | $ 180 | 9,700 |
$ 145,500 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Park Ave & East 59th Street | $ 69.5 | 6,200 |
$ 35,908 |
| Madison Ave & East 49th Street | $ 55.55 | 3,400 |
$ 15,739 |
| E 48th St & Madison Avenue | $ 55 | 4,600 |
$ 21,083 |
| E 52nd St & Fifth Avenue | $ 42.5 | 3,400 |
$ 12,041 |
| W 57th St & Avenue of the Americas | $ 68 | 4,100 |
$ 23,233 |
| E 55th St & Third Avenue | $ 47 | 2,900 |
$ 11,358 |
| E 58th St & Third Avenue | $ 50 | 3,400 |
$ 14,166 |
| E 59th St & Second Avenue | $ 93.3 | 3,200 |
$ 24,880 |
| E 61st St & Second Avenue | $ 61 | 2,500 |
$ 12,708 |
| E 49th St & Between Fifth Avenue | $ 27 | 3,300 |
$ 7,425 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| Lexington Ave & Lexington Avenue | $ 44.5 | 2,500 |
$ 9,270 |
| E 60th St & Madison Avenue | $ 55 | 1,600 |
$ 7,333 |
| Park Ave & East 59th Street | $ 65 | 2,100 |
$ 11,375 |
| E 56th St & Park Avenue | $ 59 | 1,900 |
$ 9,341 |
| E 48th St & Madison Avenue | $ 55 | 2,400 |
$ 11,000 |
| W 57th St & Avenue of the Americas | $ 67 | 1,600 |
$ 8,933 |
| E 60th St & Fifth Avenue | $ 54 | 2,200 |
$ 9,900 |
| E 58th St & Third Avenue | $ 52 | 1,900 |
$ 8,233 |
| Madison Ave & East 49th Street | $ 65 | 2,000 |
$ 10,833 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 47th St & Avenue of the Americas | $ 52.5 | 7,100 |
$ 31,062 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| E 59th St & Madison Avenue | $ 61.5 | 4,000 |
$ 20,500 |
| E 59th St & Between Second Avenue | $ 65.5 | 6,500 |
$ 35,479 |
| Address | $ / SF / Yr | SF | Monthly Rent |
|---|---|---|---|
| W 47th St & Avenue of the Americas | $ 53 | 2,000 |
$ 8,833 |
Retail Spaces for Rent at 598 Madison Ave
Rent Retail 598 Madison Ave
Rent Medical Space at 598 Madison Ave
- Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
- Grant Thornton LLP leased 130,357 SF at 757 Third Ave
- Holland & Knight leased 130,296 SF at 900 Third Ave
- First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
- Alvarez & Marsal Holdings… leased 128,798 SF at 600 Madison Ave
- Katten leased 125,000 SF at 50 Rockefeller Plaza
- Ziff Brothers Investment leased 125,000 SF at 350 Park Avenue
- Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
- Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
- Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
- Breitling leased 8,500 SF at 5 East 57th St
- Megu leased 8,500 SF at 845 United Nations Plaza
- Roche Bobois leased 8,200 SF at 950 Third Avenue
- Duane Reade leased 8,100 SF at 260 Madison Ave
- 48 Rockefeller Corp. leased 8,000 SF at 48 West 48th St
- Valley National Bank leased 7,713 SF at 71 West 47th St
- Louis the 13th Cognac leased 7,500 SF at 3 West 57th Street
- HSBC leased 7,491 SF at 250 Park Avenue
- Asanda Aveda leased 6,800 SF at 120 East 56th St
- Francois Latapie leased 6,500 SF at 30 East 60th St
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
598 Madison Avenue Property Overview
| Building Address: | 598 Madison Ave, New York NY 10022 |
| Building Alternate Address: | 598 Madison Ave |
| Zip Code: | 10022 |
| Neighborhood: | Plaza District |
| Borough: | Manhattan |
| Stories: | 16 |
| Year Built: | 1920 |
| Building Class: | A |
| Block & lot: | 01293-0016 |
The 1921 Bankers Trust Co. Building, located at 598 Madison Avenue in Manhattan, NYC, was designed by architect Charles I. Birge. Construction began in 1918 but was delayed due to World War I, finally completing in 1921. The building features a 15-story Renaissance Revival design with a three-story stone base and a red brick midsection. Initially, it housed the Life Publishing Company and the New York headquarters of the Red Cross.
Over the years, notable tenants included the American Association of Bankers, architect J. E. R. Carpenter, and the Vassar Salary Endowment Fund. In the early 1960s, the law offices of Saxe, Bacon and O'Shea were located there, with prominent attorney Roy M. Cohn. The building also hosted the offices of Rodgers & Hammerstein until 1990.
By the late 20th century, Chase Manhattan Bank occupied the ground floor. In 2003, Louis Vuitton expanded into the building, and later renovations transformed the space. Today, the ground floor is home to a Dior boutique, while the upper floors are occupied by office space.
598 Madison Avenue, New York, NY 10022 is a notable office building in Manhattan. It is also known by the alternate addresses 23-25 E 57th St and 594-598 Madison Ave.
This 15-story building was constructed in 1921 and last renovated in 1989. It features a total floor area of 76,656 square feet and is classified as an Office with Commercial 7-19 Stories (O6) property.
The building is located in the Central Midtown area, offering proximity to major retail stores like the Apple Store, Celine, Dior, and Fendi, which has its flagship store on the ground floor.
The upper floors are occupied by office spaces, with LVMH being a prominent tenant.
598 Madison Avenue offers a unique blend of luxury and functionality, featuring:
- Historic Building: Constructed in 1918 with a recent full shell and core renovation.
- High-End Retail: Ground floor and mezzanine transformed into a luxury retail showroom, currently home to Fendi's flagship store.
- Office Space: Upper floors dedicated to office use, occupied by prominent corporate tenants like LVMH.
- Penthouse Office Space: Newly designed for executive needs.
- Renovated Amenities: New elevators and an elegantly designed entry lobby.
598 Madison Avenue, located in the Plaza District of Manhattan, NYC, is a prominent office building. The building has a total area of 76,656 square feet and was constructed in 1921. It is classified as an Office with Commercial 7-19 Stories (O6) building.
Notable nearby tenants include Polo Ralph Lauren, which has leased significant space at 625 Madison Avenue and 650 Madison Avenue.
The property's current market value is approximately $73,032,000, with an estimated annual property tax of $3,260,535.
Internet Providers at 598 Madison Ave, Manhattan, NYC
Several internet providers offer services in this area, including:
- Verizon Fios: Known for high speeds up to 2.3 Gbps and reliable service.
- Astound Broadband Powered by RCN: Offers both cable and fiber services with unlimited data.
- Spectrum: Provides cable internet with speeds up to 1 Gbps and widespread coverage.
- Starry Internet: Offers fixed wireless internet with high customer satisfaction ratings.
Address: 598 Madison Ave, Manhattan, NYC
Nearest Cross Streets: East 57th Street and East 58th Street
Public Transportation:
Subway: The nearest subway lines are the 4, 5, N, Q, R, and 6, with the closest station being 59 St–Lexington Ave, a short walk away.
Bus: The M1, M2, M3, M4, and Q32 buses stop nearby.
Train: The nearest train station is Grand Central Terminal, accessible via a short taxi ride or walk.
- Cerberus Capital Manage… leased 131,060 SF at 875 Third Ave
- Grant Thornton LLP leased 130,357 SF at 757 Third Ave
- Holland & Knight leased 130,296 SF at 900 Third Ave
- First Republic Bank leased 130,000 SF at 10 Rockefeller Plaza
- Alvarez & Marsal Holdings… leased 128,798 SF at 600 Madison Ave
- Katten leased 125,000 SF at 50 Rockefeller Plaza
- Ziff Brothers Investment leased 125,000 SF at 350 Park Avenue
- Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
- Bucherer Timemachine leased 121,055 SF at 590 Madison Ave
- Baker Hostetler LLP leased 118,634 SF at 630 Fifth Ave
- Breitling leased 8,500 SF at 5 East 57th St
- Megu leased 8,500 SF at 845 United Nations Plaza
- Roche Bobois leased 8,200 SF at 950 Third Avenue
- Duane Reade leased 8,100 SF at 260 Madison Ave
- 48 Rockefeller Corp. leased 8,000 SF at 48 West 48th St
- Valley National Bank leased 7,713 SF at 71 West 47th St
- Louis the 13th Cognac leased 7,500 SF at 3 West 57th Street
- HSBC leased 7,491 SF at 250 Park Avenue
- Asanda Aveda leased 6,800 SF at 120 East 56th St
- Francois Latapie leased 6,500 SF at 30 East 60th St
C2 Media Testimonial
To Whom It May Concern:
I would like to highly commend Robert King for his professional assistance in helping me locate a new corporate office.
Locating the right space takes time, and I was impressed with Robert’s patience not only with myself but with my overseas executives. He never tired of our endless meetings and requests.
We found a space we love. And in spite of us concluding our deal, Robert every so often comes by to chat and make sure all is going well professionably and personally.
I enthusiastically recommend Robert and Optimal Spaces to anyone looking for space in New York City.
Sincerely,
Evelyn Pabon
Product and Sales Manager
C2 Inc. - Contempo Group
Optimal Spaces negotiates tenant deals, typically securing 10-15% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.